...Ethics in American Business Introduction Ethics is the set of moral principles or values that defines right and wrong for a person or group (Williams, 2013). The United States of America has ethics that are defined in the Constitution. The Constitution expresses that it is ethical for American citizens to have rights to certain freedoms such as religion, speech, to marry and raise a family, and to work at any job for which we may qualify. Many countries around the world do not feel socially responsible to allow its citizens the same freedoms. This stance on ethics creates an American workforce that is a melting pot of diverse cultures. Diversity in the Workplace In the 1950s, more than 60% of the American workforce consisted of white males. Today, the American workforce is a better reflection of the population with a significant mix of genders, race, religion, age, and other background factors (Lindenberger, 2013). The United States Navy is one organization in which this observation is true. Recently serving in the U.S. Navy I can personally relate to this statistic. Serving in the military is a profession that is viewed as exemplifying the ethical beliefs of the United States of America at the highest degree. I served alongside sailors from all walks of life. Many different ethnicities and religious backgrounds were represented. This often caused conflict due to different points of view. I’m from the south where people are raised to be polite and...
Words: 1312 - Pages: 6
...Business and the Mexican - American Community Business has made a major effort in recent months to meet the challenges posed by the urban crisis, but the major thrust has been to design programs of action aimed at the Negro community. Largely ignored has been the plight of the Mexican- American community, the second largest minority group in the United States. This paper is based on a study of the characteristics and practices of low-income Mexican-American consumers in East Los Angeles and of the retail enterprises serving that community. While the challenges facing business in meeting the demands of the Mexican-American population are great, outstanding opportunities exist for improving the distribution of goods and services to this important segment of the market. During the 1960's, the American business community generally has shown a growing awareness of the problems of poverty, minority group estrangement, and civil disorder. Business firms have become involved in programs to train and hire unemployed Negroes in urban slums. The Negro ghettos have also been the target for business- and/or government-sponsored attacks on slum housing, inadequate medical facilities, outdated educational plants and methods, meager recreation facilities, and a host of other problems. The riots in cities throughout the nation were clearly a major stimulus for these action programs. During 1966 and 1967, an extensive study was conducted in East Los Angeles. Nearly 1,300 questionnaires...
Words: 1335 - Pages: 6
...To a larger degree, historians have examined the white American businesspeople about the economies and market cultures. This paper going to talk about the African American business and consumer cultures, such as blacks’ culture and entrepreneurship, African American and immigrant self-employment in the United States. Also the African Americans’ buying behavior like the selling strategy makes it success to African American, and what is the reason. At the end going to talk about cross-cultural business, how to do business in the African American community. Known African American’s culture and background history is always helps to be success to avoid the mistakes which you shouldn’t do. Directly relating African American History and African American Business leaders, Pharrell Williams would be the perfect example of how the Black history influences the ways of business in the African American community. A lot of people might argue that he is not business man but he is the biggest entertainment business leader. “Every one of us is an amalgamation not only of all our ancestors, but of their decisions, and in 1831, Ambrose Hawkins was contemplating moving his family from America to Africa. Had he done so, his son Joseph would have been raised in Liberia instead of North Carolina and never would have become Pharrell Williams’s third great-grandfather. As it happens, Ambrose did go to Liberia, but opted for a solo round trip, rather than a family migration. If not for this last minute...
Words: 3061 - Pages: 13
...American Business Ethics a Modern Day Oxymoron The dictionary defines an oxymoron as a figure of speech that combines contradictory terms. Examples of this are dark light or living dead. This term is related with business because although most companies have a small book outlining ethics and guidelines that should be followed on a daily basis, many of them do not fully comply. The oxymoron “American Business Ethics” contradicts American Business with Ethics. The ethics of many American companies are not law but should be treated as such however these regulations are rarely followed and sometimes not followed at all. The risks that companies have been taking to increase profits and put more money into the CEO’s pockets use illegal actions. In recent times, companies such as Enron, Wal-Mart and BP have been guilty of multiple charges against ethical principles which have led to bankruptcies, housing market crashes and environmental disasters. The most famous case related to Enron and their aggressive accounting practices of reporting losses as profits to keep the stock price high. This act ultimately led to the bankruptcy of the company. Enron was founded in Omaha, Nebraska by Kenneth Lay in 1985. It was an American energy, commodities and services company based in Houston, Texas. Enron was once viewed as one of the best companies in America during its initial years of operation. Fortune magazine named Enron “America’s Most Innovative Company” for six consecutive years...
Words: 2101 - Pages: 9
...American business culture can be extremely intimidating to the majority of foreign business men and women. Our customs and culture center on a direct approach whereas many other countries around the world are very indirect. This paper will discuss the differences between Japanese and American business culture, more specifically, the focus will be on eye contact as both countries differ greatly. American business is an entirely unique entity within its own. Business is fast paced and if you cannot keep up you will be left behind with someone else filling your place almost immediately. The majority of business begins by a firm handshake, introduction and direct eye contact. Throughout the meeting the presenter may directly address an individual while bringing a specific point to their attention as well as a few pats on the back to show that person they are doing well. Facial expressions also play a huge part in our presentation because it shows our emotion and passion toward what we speak of; your face, not the physical features but the emotional could be the difference in success or failure. The directions of the meetings are generally very direct and straight to the point with almost no insignificant facts standing in the end. The American business culture is strictly business and profit. In my opinion, at the close of business, people will do whatever it takes to acquire your business and money, which is why we must be extremely careful not to be sucked in to a foolish deal...
Words: 473 - Pages: 2
...The Role Immigrants Play In American Businesses and the American Workforce The role immigrant’s play in American businesses and the American workforce are way bigger than Americans think. Immigration brings numerous benefits to the nation because they work in all types of occupations. There is nothing that immigrants are not in our nation; they vary from scientists, construction workers, teachers, engineers and so much more. They play roles in big businesses and small business and they help grow our economy and communities. They partake in lower skilled industries such as fruits and vegetable processing, meat packing, agriculture, etc. This is something that we purchase daily all thanks to immigrants. There is research that shows that immigration...
Words: 366 - Pages: 2
...by China and India. However, over the past couple of quarters, world GDP growth has turned more sluggish, affecting even India and China, while the U.S. economy has significantly slowed and looks like it's going to slow further. Some may argue that buying cheaper products for Americans to buy is an advantage. That is due to the cheap labor that makes the product. The American workforce will have to compete with foreign workforces who are willing to work for less. By relocating some parts of international supply chains, globalization has been affecting the price of goods, job patterns, and wages almost everywhere. Over the past two years, unemployment inside the United States has risen from 4.6 to 6.1 percent. It is changing the structure of individual economies in ways that affect different groups within those countries differently. In the advanced economies, it is redistributing employment opportunities. As the richer get richer by investing in companies overseas, the poor get poorer, leading to financial problems. Countries like Mexico, Thailand, Indonesia or Brazil got a lot of money from investors who built up new businesses there. Building products overseas globally puts our business technologies at risk of being copied or stolen, which is in fact happening very rapidly. China and other Asian countries already make most of our high volume commodity products, so America must compete by inventing new products, new technologies, and new industries. Because America...
Words: 683 - Pages: 3
...world today, the idea of business ethics and its relation to Catholic Social Teaching are addressed very well within this essay. The examples given about the Ford Pinto and the DC-10 airplane are astonishing to read and make someone think twice about the huge corporations that dominate the nation’s and world’s economy. On the contrary, the example of the Tylenol incident can be perceived as a logical, right-minded way to do business. Though it may seem logical, in reality this is a moral way to do business. Acting as businessmen, the leaders of the Ford and Turkish airlines were thinking with their immoral minds, purely on profit and not about the lives and safety of their consumers. The Church’s numerous teachings and encyclicals on Catholic Social Teaching show their concern and mindset about the immoral and unethical behavior of such large and powerful companies. A very effective and accurate pastoral, Economic Justice for All teaches that “The moral precepts recognized by the Church apply to actions performed in the corporate name in the same way they apply to those performed in the individual’s private life” (69). Another topic this essay effectively covers is the human dignity of the laboring workforce. Pope Leo XIII’s reaction during the Industrial Revolution to this appalling immorality shows the Church’s great concern for the sacredness that is the human life. From hours to wages to working conditions, the Church voices its opinion for the business world. This essay very...
Words: 288 - Pages: 2
...Abstract Before investing in any business it’s important to conduct a business analysis. This analysis would cover in detail the strengths; weaknesses, opportunities, and threats (SWOT) of a business. This analysis will assist a fund manager with the decision of whether to invest or not. Reynolds is a very dominant company in the tobacco industry. The have various subsidiaries that keeps them on pace with their competitors. Business Analysis of Reynolds American, Inc. Introduction Before investing in any business it’s important to conduct a business analysis. This analysis would cover in detail the strengths; weaknesses, opportunities, and threats (SWOT) of a business. This SWOT will allow an individual or a business to make a more informed decision by using the data gathered in the analysis. As a mutual fund manager, this paper will discuss the analysis of Reynolds American (RAI), Inc. The strengths, weaknesses, opportunities and threats of Reynolds American will be presented to get a clear picture of the company’s position in the industry. This information would to key for any mutual fund manager to make a decision. SWOT Analysis Reynolds American is the third largest company in the Tobacco industry (CNN Money, 2012). It is the parent company of R.J. Reynolds Tobacco Company, American Snuff Company, LLC, Santa Fe Natural Tobacco Company, Inc and Niconovum AB. (Reynolds American, Inc., 2012) RAI ‘s main products are manufacturing cigarette...
Words: 906 - Pages: 4
...categorizing is done. The types that are talked include: B2B, B2C, B2E, B2G, B2M, C2B, C2C, G2B, G2C, G2E, G2G, and P2P. Key word: e-commerce • e-commerce types • business I. INTRODUCTION E-commerce is the use of Internet and the web to transact business but when we focus on digitally enabled commercial transactions between and among organizations and individuals involving information systems under the control of the firm it takes the form of e-business. Nowadays, 'e' is gaining momentum and most of the things if not everything is getting digitally enabled. Thus, it becomes very important to clearly draw the line between different types of commerce or business integrated with the 'e' factor. Based on the type of relationship between different sides of commerce, it can be categorized in different types. In this paper, we will get into them in details. II. E-COMMERCE TYPES There exist different transaction schemas that are forked from different types of e-commerce. Here, we are going to talk about them in details. Business-to-business Business-to-business (B2B) describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer. Contrasting terms are business-toconsumer (B2C) and business-to-government (B2G). The volume of B2B (Business-to-Business) transactions...
Words: 2615 - Pages: 11
...Ankit Singh and Juan Alberto Calero Part A – e-Commerce in China vs USA 1. Overall, what are some key opportunities and challenges (obstacles) that confront ecommerce in China? How are these challenges similar / different from those confronting e-commerce in the US (or other countries that you are more familiar with)? Some of the key opportunities of e-commerce in China are: The internet penetration rate in China is growing at a much faster rate as compared to other countries. 25.5% users in China have engaged in e-commerce, while in US 71% has done so. This represents an enormous opportunity for e-commerce services, given that there is room for growth in China. The market is China is still in the beginning of its growth stage. The manufacturing prowess of china provides an excellent complement to the ecommerce market. Online shopping market has grown 64.1% over last year to $1.5 Billion. Online B2B market is valued at 65.7 B 69.8% yearly growth. With these accelerated growth rates, the e-commerce market will developed very quickly, players need to be aware of the stage of e-commerce in China and address the market accordignly. Small and medium sized enterprises (SMEs) contribute to 68.8% of nation gross industrial output. Only 28% of SMEs utilised third-party B2B e-commerce platform. The government has a plan to increase it to 80% by 2012. Given this, the projected demand for e-commerce is known. In addition , players also known which type of businesses are using e-commerce...
Words: 2454 - Pages: 10
...After the Civil War, the United States began to grow very quickly in regards to big business and corporations. This growth was influenced by innovations in manufacturing, transportation, business strategy, and more. The strengthening of businesses like the railroad business connected parts of the country and also helped foster the industrial growth of the nation. The rise of big business in the United States was seen through the increases of corporations in size, power, and influence on the country. The spread of large businesses in America impacted the country through economics as the standards of living rose, politically through business’ owners’ influence on the government, and through American response as attempts to limit the corruption...
Words: 910 - Pages: 4
... during and after the events of August 9, 2014. This paper will evaluate and examine the economic effects that the events has had on this city and community. This paper will explore the decisions made by government officials during and after the riots that affected businesses in the immediate and surrounding areas. This paper would also look at how and if the city can recover. History of St. Louis St. Louis is a metropolitan city which has 92 suburbs that make up the St. Louis County. The city of St. Louis is divided up into the north side which is predominately African American, the south side which is predominately Caucasian, the central west end which is a mixed group and East St. Louis which despite the fact that it is in Illinois is predominately African American. The counties of St. Louis are also divided by race with North County being predominately African American, South County predominately Caucasian, and West County predominately Caucasian. There are twenty four county school districts and one large school district for the city of St. Louis. There is a program in the city of St. Louis that allows students who live in the city to attend a county school which is set up to provide diversity within school districts. This also allows students to attend an accredited school district because the St. Louis City school district is unaccredited. With this program some children travel as far as thirty...
Words: 3430 - Pages: 14
...four-year sport marketing and management program leads to the degree, Bachelor of Science in Kinesiology, with course work taken in conjunction with the Kelly School of Business. Students admitted to this program are selected from a pool of applicants. Admission to the program is limited. Graduation requirements include: * completion of general education requirements. * completion of sport marketing and management major requirements. * a minimum of 124 successfully completed credit hours which count toward the degree program. * a minimum 2.0 cumulative GPA. * a minimum 2.0 cumulative GPA in a combination of ANAT-A 215 and courses with the following department code-prefixes: HPER-A, HPER-D, HPER-K, and HPER-P. * No Pass/Fail except for free electives. General Education (20 – 39 credits) All undergraduate students must complete the IU Bloomington campus-wide general education common ground requirements. Such students must visit the 2012-2013 General Education Bulletin to view these requirements. Major (85-90 cr.) Sport Marketing and Management Foundation Requirement (15 cr.) Complete each of the following courses: ▪ HPER-P 211 Introduction to Sport Management (3 cr.) – FALL 2013 ▪ HPER-P 333 Sport in America: Historical Perspective (3 cr.) – SPRING 2014 ▪ HPER-P 392 Sport in American Society (3 cr.) ▪ HPER-P 405 Introduction to Sport Psychology (3 cr.) ▪ HPER-P 418 Sport Marketing (3 cr.) Sport Marketing and Management Professional Requirement...
Words: 1477 - Pages: 6
...Аbstrаct The report detаils on the Industry- e-commerce, to which Аmаzon belongs аnd how Аmаzon implemets E-commerce in its model. Аmаzon’s business strаtegies аnd it’s mаrket strаtegies hаve been covered in brief. Аmаzon is one of the biggest plаyers in the field of cloud computing аnd the wаy it’s implemented hаs been covered. Vаrious MIS tools аnd Models which аre employed by Аmаzon in it’s business solution, helps in developing better understаnding of the compаny аnd the subject in generаl. Industry Introduction: E-Commerce Electronic commerce populаrly known аs e-commerce is а new growth direction for the business community. It is the use of digitаl trаnsаctions between businesses аnd individuаls. In other words, e-commerce is the use of the Internet to conduct business trаnsаctions. Given the huge potentiаl thаt this formаt hаs, technology will certаinly improve ecommerce аnd hence provide individuаls with more choices, thereby аdding to the economy. E-Commerce is аlso defined аs the аbility of а compаny to possess а dynаmic presence on the Internet which will thus аllow the compаny to conduct its business electronicаlly; in other words shift to аn electronic shop. Products here аre аdvertised, sold аnd pаid electronicаlly. Due to the expаnsion of the internet, аdvertising аnd is аvаilаble to people аcross the world for аlmost negligible. Аn аdditionаl аdvаntаge is thаt, the technology offers immediаte up grаdаtion аnd solution to issues. The biggest chаllenge for...
Words: 3760 - Pages: 16
